Mario Gabelli

Mario Gabelli

Last Update: 2014-12-18

Number of Stocks: 880
Number of New Stocks: 47

Total Value: $18,587 Mil
Q/Q Turnover: 6%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Mario Gabelli Watch

  • Mario Gabelli Explains How To Play The Decline In Oil Prices

    What does Mario Gabelli (Trades, Portfolio) think of the decline in the price of oil?

    He has some concern that it could create a major oil producer such as Russia or Iran to create a geolpolitical event. But for the United States he thinks it is a big plus.  


  • Why Should You Stay Away From CIRCOR?

    According to GuruFocus Real Time Picks, Mario Gabelli (Trades, Portfolio) just made a reduction to CIRCOR International, Inc. (CIR). So, one question arises: What does Gabelli see to reduce that position?


    Big Move

      


  • Mario Gabelli Says Focus On Wages, Wages, Wages

    Mario Gabelli (Trades, Portfolio) sees two strong tailwinds for the economy in 2015. One is the big drop in oil which puts more money in consumer pockets.


    The second is increasing wages. The country has finally gotten lots of people back to work after the recession and now wages are rising. That will increase consumer spending and corporate profits.

      


  • Mario Gabelli Comments on Walgreen Co

    Walgreen Co. (0.1%) (WAG - $59.27 - NYSE) is becoming a global pharmacy and drug wholesaler through the pending acquisition of Alliance Boots. The combined companies should garner significant purchasing and operational synergies from their worldwide scale, with a strong presence in emerging markets. Management is also becoming more shareholder friendly, granting two Board seats to an activist investor and committing to return significant amounts of cash to shareholders via dividends and share repurchases. While there are likely to be some bumps in the road during the integration process, we believe the combined company will be an attractive global leader in the industry.

    From Mario Gabelli (Trades, Portfolio)’s Asset Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Rogers Communications Inc

    Rogers Communications Inc. (1.0%, 0.1%) (RCI - $37.42 - NYSE, RCI/B - $37.43 - Tokyo Stock Exchange) is one of the few companies in North America to offer consumers the “Quadruple Play” of video, high speed data, and fixed and wireless telephony through a wholly owned plant. The company, founded by late telecom pioneer Ted Rogers, is Canada’s largest cable and wireless company. As the largest spectrum owner in North America, Rogers is aggressively deploying the next generation of wireless services. Rogers also has a substantial media business that operates radio stations, television networks (including The Shopping Channel), magazines, and trade publications, the Toronto Blue Jays baseball team, and interests in the Toronto Maple Leafs (NHL) and Raptors (NBA). In late 2013, Rogers hired a new CEO named Guy Laurence from Vodafone (less than 0.1%). While Mr. Laurence has yet to formally unveil his vision, we expect it to include a focus on improving the customer experience through continued investment in plant, balanced by regular capital returns to shareholders.

    From Mario Gabelli (Trades, Portfolio)’s Asset Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Cablevision Systems Corp

    Cablevision Systems Corp. (0.9%) (CVC - $17.51 - NYSE) provides broadband, television, and phone service to over three million subscribers in the New York metropolitan area. An industry pioneer, CVC has developed the most advanced cable plant in the country and converted over 70% of its subscribers into triple play (video, phone, and broadband) customers. In the process, Cablevision achieved industry leading average monthly subscription revenues and margins. This peak performance led the company to become a victim of its own success; combined with competition from Verizon FiOS (0.3%) in approximately half its footprint, Cablevision saw reduced growth and a sagging share price in 2012/2013. The company’s efforts to address these declines appear to be paying off. Management has also been active on the financial front, spinning off Madison Square Garden (0.8%) in February 2010 and AMC Networks (0.6%) in June 2011 and repurchasing over 10% of shares outstanding. Cablevision is now a single-market, pure-play cable operator, which could facilitate an eventual consolidation of the company in our view.

    From Mario Gabelli (Trades, Portfolio)’s Asset Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Alere Inc

    Alere Inc. (0.2% of net assets as of September 30, 2014) (ALR - $38.78 - NYSE) is the largest manufacturer of rapid, point-of-care diagnostics in the world. The company has underperformed for the past year, weighed down by manufacturing problems and a heavy debt load from questionable past acquisitions. An activist investor has been publicly pushing the company to improve operations and, after being slow to respond initially, Alere’s Board of Directors forced the company’s founder and CEO to resign on July 1. However, he has now partnered with private equity partners and is seeking to take the company private with an initial bid of $46 per share. Whatever the final outcome is, we believe positive change is in the air for Alere.

    From Mario Gabelli (Trades, Portfolio)’s Asset Fund Q3 2014 Commentary.  


  • Mario Gabelli’s Asset Fund Q3 2014 Commentary

    To Our Shareholders,


    For the quarter ended September 30, 2014, the net asset value (“NAV”) per Class AAA Share of The Gabelli Asset Fund decreased 4.2% compared with an increase of 1.1% for the Standard & Poor’s (“S&P”) 500 Index. See page 2 for additional performance information.

      


  • Mario Gabelli's Most Recent Stock Investments

    Gabelli Asset Management Company Investors (GAMCO Investors) started off as Gabelli & Co in 1976 as a small institutional brokerage house that Mario Gabelli (Trades, Portfolio) formed himself through borrowed funds and personal accounts he accumulated from trading. What makes GAMCO different from other investment firms is when the company first started in the late 1970's, it rated companies by cash flow instead of eanings. Gabelli would analyze a firm in detail to calculate the private-market value and the price per share someone would be willing to pay in order to buy the entire company.


    This method was quite popular in the 1980's in leveraged buyouts, which is when a public comapny's manager(s) buy either all or most of their company and make it private. Due to its popularity and success, the method was trademarked as the Gabelli Private Market Value.

      


  • GAMCO's Top Positions Look Attractive

    Over the past few days, hedge funds have been filing their form 13-F, which is a quarterly report of equity holdings filed by institutional investment managers with at least $100 million in equity assets under management, as required by the United States Securities and Exchange Commission (SEC). In this article, let´s concentrate in one particular hedge fund and try to see the principal holdings in its portfolio. I will look into GAMCO Asset Management Inc. (GBL) in which Mario Gabelli (Trades, Portfolio) is the founder, chairman, and CEO of the firm.


    Recently, the fund reported its equity portfolio ended September. The total value of the portfolio amounted to $18,577 million, down from $18,996 million disclosed at the end of the previous quarter. Consequently, the fund's equity market change value was negative 419,546 million in the last quarter. The filing revealed that at the end of September, the fund added 48 new positions to its equity portfolio and sold out 40 positions. The top ten portfolio holdings as of the end of the quarter represented 13.92%. The largest changes from previous 13-F´s fillings are in the energy and consumer staples sectors.

      


  • Mario Gabelli Talks About MSG Potential Spin-Off

    Mario Gabelli (Trades, Portfolio), CEO and chairman of GAMCO Investors, yesterday did a phone interview on CNBC discussing his views on Madison Square Gardon Co. (MSG) and the potential of the firm spliting into two separate publicly traded companies to unlock value in the firm for shareholders.


      


  • Mario Gabelli Comments on CVS Health Corp

    CVS Health Corp. (1.6%) (CVS - $79.59 - NYSE) operates one of the largest retail pharmacy chains in the country, and the company is poised to benefit from the expansion of insurance coverage under healthcare reform with no new taxes or regulation. CVS is expanding into the fast growing market for specialty and biotech medicines, particularly through the recently announced $2 billion acquisition of home infusion provider Coram. CVS Health recently stopped selling tobacco in its stores, but the company is performing so strongly this year that it can easily absorb the $2 billion in lost sales. The company can sustain double digit earnings growth, and management continues to return a substantial amount of cash to shareholders via a higher dividend and share repurchases.

    From Mario Gabelli (Trades, Portfolio)’s Equity Income Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on American International Group Inc

    American International Group Inc. (1.0% of net assets as of September 30, 2014) (AIG - $54.02 - NYSE) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the U.S.

    From Mario Gabelli (Trades, Portfolio)’s Equity Income Fund Q3 2014 Commentary.  


  • Mario Gabelli’s Equity Income Fund Q3 2014 Commentary

    To Our Shareholders,


    For the quarter ended September 30, 2014, the net asset value (“NAV”) per Class AAA Share of The Gabelli Equity Income Fund decreased 2.5% compared with an increase of 1.1% for the Standard & Poor’s (“S&P”) 500 Index. See page 2 for additional performance information.

      


  • Mario Gabelli Comments on TRW Automotive Holdings Corp

    TRW Automotive Holdings Corp. (2.7%) (TRW)($101.30 - NYSE) is a Michigan based supplier of automotive systems and components with a focus on active and passive safety applications. On July 10, 2014, TRW was the subject of speculation, later confirmed by the company, regarding a possible transaction with ZF Friedrichshafen AG of Germany. After months of negotiations and the divestiture of a joint venture by ZF to facilitate the transaction, a $105.60 per share cash merger deal was announced on September 15, 2014. The merger is subject to approval from a majority of TRW’s shareholders as well as antitrust approvals in several jurisdictions. The deal is also subject to the Committee on Foreign Investment in the United States (CFIUS) review and is expected to close by the first half of 2015.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Nobel Biocare Holding AG

    Nobel Biocare Holding AG (2.5%) (XSWX:NOBN) (NOBN SW - $17.75 - SIX Swiss Exchange), based in Zurich, Switzerland, is a manufacturer of premium dental implants and related equipment. On July 29, 2014, Nobel Biocare confirmed that it was in preliminary discussions with third parties that had expressed interest in acquiring the company. On September 15, 2014, an official deal was disclosed with Washington, D.C. based Danaher, a leading industrial company with exposure to the medical device industry. Nobel Biocare shareholders will receive 17.10 Swiss Francs for each of their shares in a tender offer, which is expected to close on November 14. The transaction is expected to close by the end of 2014 pending regulatory approval in the U.S. and Switzerland.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Measurement Specialties

    Measurement Specialties, Inc. (0.7%) (MEAS)($85.61 - NASDAQ) is a designer and manufacturer of sensors and sensor-based systems located in Hampton, Virginia. The company received an $86 cash merger offer from data connectivity and power flow leader TE Connectivity Ltd. (formerly Tyco Electronics) on June 18, 2014, valuing the company at about $1.7 billion. On August 26, 2014, Measurement Specialties shareholders approved the deal. The deal is expected to close by the end of this year after approval of the transaction by several regulatory authorities.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on LIN Media LLC

    LIN Media LLC (0.3%) (LIN)($22.20 - NYSE) is a Providence, Rhode Island based multimedia company with forty-three television stations and seven digital channels in over twenty U.S. markets. On March 21, 2014, Media General Inc., another broadcasting company, announced that it would acquire LIN in a $2.6 billion merger. Each shareholder of LIN can elect to receive $27.82 in cash or 1.5762 shares of the new holding company, subject to proration. On August 20, 2014, LIN and Media General announced an amendment to the merger agreement, which reduced the merger consideration to either $25.97 in cash or 1.4714 shares of the new holding company, after an affiliation change occurred at one of LIN’s stations in August. The companies also announced the planned divestitures of stations in five markets to comply with regulatory rules. The deal is expected to close by late 2014 after both companies receive shareholder and U.S. regulatory approvals.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Kodiak Oil & Gas Corp

    Kodiak Oil & Gas Corp. (0.8%) (KOG)($13.57 - NYSE) is an exploration and production company with reserves and operations concentrated in the Williston Basin of North Dakota. On July 13, 2014, the company entered into an all-stock merger agreement with competitor Whiting Petroleum Corp, valuing the company at $6 billion. The consideration is 0.177 shares of Whiting stock for each share of Kodiak Oil & Gas. The transaction is expected to close in the fourth quarter of 2014 after receiving shareholder approvals.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


  • Mario Gabelli Comments on Jazztel plc

    Jazztel plc (1.1%) (JAZ)($16.19 - Madrid Stock Exchange) is a Spain based telecommunications service provider offering landline, fixed broadband, and mobile telephony services. On September 15, 2014, the company received a €13 per share cash tender offer from France based telecommunications provider Orange SA. The deal, which values Jazztel at €3.3 billion, is subject to regulatory approval and a majority of the minority shareholders must tender. The transaction is expected to close in the first half of 2015.

    From Mario Gabelli (Trades, Portfolio)’s ABC Fund Q3 2014 Commentary.  


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User Comments

Dr.Oleg V Anokhin
ReplyDr.Oleg V Anokhin - 1 month ago

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Alex Garcia
ReplyAlex Garcia - 2 months ago
Is it possible to track the "Gabelli focused fund"? Its a fund based on GAMCO's best ideas.

http://www.gabelli.com/Template/fundinfo.cfm?tid=NDY3&pid=obj&rid=048=edoc_dnuf
Jaumepared
ReplyJaumepared - 5 months ago
I am curious how Gabelli small cap picks do in general. Anybody have any feedback?
JEANRSMITH1@GMAIL.COM
ReplyJEANRSMITH1@GMAIL.COM - 6 months ago
Kennethmall,
How is a company rated?
JEANRSMITH1@GMAIL.COM
ReplyJEANRSMITH1@GMAIL.COM - 6 months ago
What is your opinion of Markel?Is this stock overpriced?
Tomser
ReplyTomser - 1 year ago
what kind of tools he use to pick wining stcks



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